LONDON, 5 September 2012 - Exclusive comment from world-leading gold and silver exchange BullionVault appears today on The Daily Telegraph's Business blog from Ian Cowie, head of personal finance at the Telegraph Media Group in London.
"Gold has surged to a 5-month high," writes Cowie, editor of the UK's best-selling broadsheet money pages since 1989. He also notes the new price prediction of $1800 per ounce by New Year's Eve from Thomson Reuters GFMS, the leading providers of data on the precious-metals industry.
"Gold investors look assured of another year-on-year gain in 2012, the twelfth in succession," Adrian tells Telegraph readers. "Central bankers are to thank, or to blame, depending on whether you?ve still yet to buy.
"Policymakers tore up the rulebook in 2008. They?re likely to become only more desperate as the next stage of the government debt crisis unfolds."
You can read Adrian's comments in full, plus analysis from GFMS, at The Telegraph here...
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